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One of the reform measures conceded by the Greek government before Tuesday’s agreement on the extension of the country’s bailout for four months was a crack down on tobacco smuggling, according to a story by Jim Yardley for the New York Times.

“The most important challenge, a make-it-or-break-it thing, is their ability to deliver on tax evasion, corruption and smuggling of tobacco and oil,” said George Pagoulatos, a political analyst and professor at Athens University. “If they manage to make a

The reform measures, submitted to Brussels by the Greek finance minister, Yanis Varoufakis, included plans to crack down on the smuggling of fuel and tobacco, which costs the Greek economy billions of euros a year in unrecovered tax revenue; modernize the

This year Greece showed its 8th consecutive annual decrease in sales of cigarettes, which reached 20.15 billion pieces, GreekReporter website writes quoting data from a survey regarding cigarette consumption in the country conducted by Fast Market Researc

The study, entitled “World Cigarettes Greece,” focused on the way the cigarette market has evolved in the country over the last 12 years. Researchers observed the changes in the smoking habits of Greek people as well as the competitive environment and ec

With the way prices are currently, premium brands are set to gain share in the coming years. Overall, however, cigarette sales are expected to continue to decline, partly due to the recession, with more Greeks quitting or at least reducing their consumpt

Illicit trade of raw tobacco in bulk will continue to pose a major threat to growth. In areas where tobacco is cultivated, ie Agrinio and Xanthi, packaged RYO sales are set to drop tremendously. This will also be the case in mainland Greece, where raw to

Cigars are a luxury purchase, hence their consumption is strongly linked to disposable incomes. Unless the economy shows signs of recovery over the forecast period, the category is highly likely to continue to contract. Euromonitor International thus est

Volume sales of tobacco products in Greece continued to decline in 2013. This was partly the result of ever more Greeks quitting smoking, mainly due to the fact that they can no longer afford it, but was also due to rising health awareness and illicit tob